Altada, the Cork-based tech company that expected to be valued at $1 billion this year, has furloughed a number of its employees, with the founders admitting that the firm is “at a turning point” and facing “significant financial challenges”, the Business Post can reveal.
Several people with knowledge of the company, who spoke on condition of anonymity, have claimed that Altada has spent much of the $11.5 million it secured in investment last autumn, with ...
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